Property Type: Land / LotOwnership: Freehold

236 CEMENT Street

Princeton, BC V0X1W0

$169,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.63 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$1,259.71

Interior

Fireplace
None

Exterior & Lot

View
Mountain view

Listing Information

MLS®
10366678
Listed
October 27, 2025
Time on market
On the market for 308 days
Data last synced
August 28, 2026

Listing provided by: Canada Flex Realty Group · Data source: CREA DDF.

Description

Discover an exceptional opportunity to build your dream home on this generous 0.63-acre, RS1-zoned residential lot just a short drive from downtown Princeton. This property provides the perfect canvas for your vision, boasting a flat, easily buildable topography that simplifies the construction process. With no deadline to build, you can take your time to design and plan your perfect custom home. This has municipal water and a septic system. (id:63159)

Location Insights

Weather

Partly Cloudy

18°C

Partly Cloudy

Humidity 51%

Wind WNW 5 km/h

Tonight

Tuesday

26°

Tuesday night

12°

Wednesday

22°

Wednesday night

10°

Thursday

17°

Source: Environment and Climate Change Canada.

Population

2,894

(2021 Census)

+2.3% since 2016

Density: 48.8/km²

Dwellings: 1,521

Median household income: $64,500

After-tax: $60,000

Immigrant population: 8.5%

Top countries of origin (% of total population)

  • United Kingdom1.9% · 55
  • United States of America1% · 30
  • Germany0.9% · 25
  • Philippines0.9% · 25
  • Croatia0.3% · 10
  • India0.3% · 10

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
Princeton SecondarySecondary1.6 km
Princeton Alternate SchoolSecondary1.8 km
John Allison ElementaryElementary3.5 km
Vermilion Forks ElementaryElementary3.7 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

No TransLink stops within an ~10-minute walk.

School district: Nicola-Similkameen (SD58)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($8,450) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$135,200.00
Periodic payment — Principal & Interest (monthly)$872.26
Additional monthly expenses (strata, tax, utilities, etc.)$104.98
Total monthly cost$977.24
Interest paid over 5-yr term$38,748.71
Balance at end of term$121,612.84

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$8,450
Stress test qualifying rate8.09%
Payment you must qualify for$1,234.57

Cash Needed at Closing

Minimum down payment$8,450
Estimated BC PTT$1,690
Legal / closing costs (typical estimate)$1,500
Total cash needed$11,640

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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